Six-family house near the beach - ideal for investors

House, Buy | Spain, Mallorca, South East, Cala d'Or

Property Price

1,200,000 EUR

Price

Property Bedrooms

6

Bedrooms

Property Bathrooms

6

Bathrooms

Property Total surface

240 ㎡

Total surface

Property Total surface

1,800 ㎡

Plot size

E&V ID W-0472O9

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Amenities and special features of this house

Type: House • Region: South East • Construction year: 1964 • Total surface: 240 ㎡ • Total rooms: 12 • Bedrooms: 6 • Bathrooms: 6 • Plot size: 1,800 ㎡ • Terrace • Swimmingpool • Heating: Split air-conditioned • Floor type: Tiles

On a generous plot of about 1,800 m², this well-maintained property is located with six separate residential units, characterized by a clear, functional layout and solid construction quality. Each apartment has a bedroom, a living room with kitchen connections, and a bathroom. With a total living area of approximately 240 m² and equally sized units, the property offers an excellent foundation for long-term rental to individuals or couples. The quiet location within walking distance to the beach gives the property a special appeal for tenants who value quality of life, proximity to nature, and a balanced combination of living and leisure. Due to this location, a continuously high demand for housing is to be expected – a crucial factor for stable and reliable rental income. Additionally, the property impresses with its significant development potential. The plot is divisible, and on the currently undeveloped part, there is the possibility of constructing an additional approximately 300 m² of living space. This option opens interesting perspectives for investors, for example, for the construction of further residential units or an expansion of the existing structure, to fully exploit the potential of the plot and increase its value in the long term. Overall, this property combines solid expected rental returns with significant expansion potential in a sought-after residential location near the beach. It thus offers an excellent basis for investors looking for a sustainable and value-stable capital investment with room for development.

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Santanyí

Santanyí

Plaza Mayor 18 | Santanyí | Spain

Registry number: GOIBE727791/2024

Cala d'Or: Location and surroundings of this property

Cala d'Or, the "golden bay", is a community of about 4,000 inhabitants in the Migjorn region, located just 60 kilometers south of Palma. The nearest major city Santanyí is around 15 kilometers away. From the airport in Palma to Cala d‘Or takes about an hour drive to Cala d'Or. The rugged cliff coast around Cala d'Or is broken by numerous small fine sandy bays – there is something for every taste. If you stroll through Cala d'Or, you will notice a clear difference to the usual resorts of Mallorca: the buildings usually have only two floors, everywhere the white washed façade captivates and pine trees line the streets. The cubic architecture or the entire style of Cala d'Or reminds of Ibiza. The cubic architecture or the entire style of Cala d'Or reminds of Ibiza. There is always lively entertainment in the summer months; in the off season Cala d'Or is much quieter. In addition to a large pedestrian area with numerous shops and restaurants, which runs through the city, there is also a so-called "old district". This is close to the pedestrian area - but still wonderfully quiet and is dominated by Ibizan houses. The exclusive marina, with almost 600 moorings, is one of the larger and more luxurious marinas and offers a wide range of bars and restaurants. Here you should spend your time especially in the evening and enjoy the beautiful sunset.

Energy Information

Year of construction: 1964

Commission details

Availability upon agreement

Engel & Völkers recommends having a qualified specialist check the legal situation of the construction. All material is based upon information, which Engel & Völkers considers reliable, but because third parties have supplied it, Engel & Völkes cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Availability upon agreement. Taxes, notary and register fees must be paid by the purchaser, the commission for the estate agency must be paid by the seller as stipulated in the sales mandate.

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